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Dec 7, 2012
12/12
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we can't allow to us go off the fiscal cliff. it would be disastrous for our economy, a self-inflicted wound. we've got to get it done and compromise and i think we should stay in a locked room until it's done. >> what about taking it a if he further, your paycheck. i get -- a step further, your paycheck. i get viewers that write in all the time and say hey. take their pay. >> that's not going to solve the fiscal cliff. >> that would give you some incentive, wouldn't it? >> just lock us in a room and we'll get it done. >> gerry connolly said look, the atmosphere up there now is a lot like the old high school lunch room with competing groups that don't really talk to each other. he said that's what it's like in the house do. you talk to your friends on the other side of the aisle in the senate? >> absolutely. we've had meetings every day. i'm convinced that we can find a way to come together and reach a compromise on this. we understand what it's going to be. we understand there's going to be some pain for paul of us, but it's goi
we can't allow to us go off the fiscal cliff. it would be disastrous for our economy, a self-inflicted wound. we've got to get it done and compromise and i think we should stay in a locked room until it's done. >> what about taking it a if he further, your paycheck. i get -- a step further, your paycheck. i get viewers that write in all the time and say hey. take their pay. >> that's not going to solve the fiscal cliff. >> that would give you some incentive, wouldn't it?...
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Dec 6, 2012
12/12
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the showdown on the so-called fiscal cliff, democrats and republicans waging a war of words. the issue sent president obama county lawmakers picture that could mean problems for all of us. scott is in the newsroom with all sides are saying, 26 before the deadline.
the showdown on the so-called fiscal cliff, democrats and republicans waging a war of words. the issue sent president obama county lawmakers picture that could mean problems for all of us. scott is in the newsroom with all sides are saying, 26 before the deadline.
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the whole fiscal cliff is forcing them to do something. the president has said that tax rates will go up for the wealthy. republicans won't bend on that yesterday, john boehner said, we are at a stalemate. this is posturing. this is washington. we're going to have ups and downs. >> ups and downs in the stock market, as well. david, thanks. have a great weekend. >> you, too. >>> now, to the star college basketball players accused of abusing their position as big men on campus. they're facing burglary charges for allegedly stealing thousands of dollars of stuff from their fellow students. and abc's john muller is covering the story. john? >> reporter: good morning, dan. hofstra students say iphones, computers and cash has been disappearing from their dormrooms all semester. one used an app to find their iphone. now, four players from the division i basketball team are under arrest. faces, covered in shame. hiding tears as they leave a long island courthouse. another man, pushing and even taking swings at a cameraman as he storms out of court
the whole fiscal cliff is forcing them to do something. the president has said that tax rates will go up for the wealthy. republicans won't bend on that yesterday, john boehner said, we are at a stalemate. this is posturing. this is washington. we're going to have ups and downs. >> ups and downs in the stock market, as well. david, thanks. have a great weekend. >> you, too. >>> now, to the star college basketball players accused of abusing their position as big men on...
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. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is that true sf. >> all of the polls show that right now. we know that the tax hikes go up. ben bernanke, the fed chairman, fears that it will throw the country into a recession. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. >>> the president also concentrating on recasting his new cabinet and one name that came up yesterday is a replacement for leon panetta at the defense department. >> it's possible, this is a real game of musical chairs right now. the president has to fill at least three big jobs, secretary of state, cia. if the president does not choose susan rice that means kerry goes to state and hagel goes to defense. we just don't know right now. all of those names are in play as we talk. >> this wouldn't be his first republican secretary of defense as well. b
. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is that true sf. >> all of the polls show that right now. we know that the tax hikes go up. ben bernanke, the fed chairman, fears that it will throw the country into a recession. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal....
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no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben bernanke, the fed chairman, fears that it will throw the country into a recession. that would hurt the whole country, of course president obama as well. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. if that indeed happen. >>> the president is also concentrating on recasting his new cabinet and one name that came up yesterday is a replacement for leon panetta at the defense department. actually a republican, chuck hagel. former senator from nebraska. >> it's possible, but this is a real game of musical chairs right now. the president has to fill at least three big jobs, secretary of state, hillary clinton, defense and cia. and if the president does not choose susan rice that means john kerry goes to state and hagel g
no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates -- ben bernanke, the fed chairman, fears that it will throw the country into a recession. that would hurt the whole country, of course president obama as well. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a...
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to avoid that so-called fiscal cliff at year's end. it would raise the eligibility for medicare lower. but the plan would keep all bush-era tax cuts in place, including those for the wealthy. the president says that is a deal-breaker. >>> and the editor in chief at "vogue" magazine could become a top debit. bloomberg reporting that president obama may nominate anna wintour, as the next ambassador to either britain or france. she was among the president's top campaign fund-raisers. >>> and this morning, a powerful teachers union is trying to raise the bar for teachers, calling for a tough, certification test, not unlike the bar exam for lawyers. the federation of teachers want to maintain a 3.0 grade point average and have ten hours of field experience. sound like good ideas. >>> the flu season has arrived already. the earliest in nearly a decade. officials are warning the primary strain making the rounds right now is more severe than others, especially for the elderly. >>> finally, a reminder. never a good idea to show off. a man who w
to avoid that so-called fiscal cliff at year's end. it would raise the eligibility for medicare lower. but the plan would keep all bush-era tax cuts in place, including those for the wealthy. the president says that is a deal-breaker. >>> and the editor in chief at "vogue" magazine could become a top debit. bloomberg reporting that president obama may nominate anna wintour, as the next ambassador to either britain or france. she was among the president's top campaign...
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Nov 29, 2012
11/12
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KGO
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a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for se
a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner...
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. >> back and forth on the sunday talk shows as fiscal cliff negotiations enter the fourth and possibly final month. republicans and the president still stuck in neutral. >>> somber stadium. fans and players reacting after the weekend murder/suicide involving kansas city linebacker jovan belcher.
. >> back and forth on the sunday talk shows as fiscal cliff negotiations enter the fourth and possibly final month. republicans and the president still stuck in neutral. >>> somber stadium. fans and players reacting after the weekend murder/suicide involving kansas city linebacker jovan belcher.
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have put forward a plan to avoid the fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't t
have put forward a plan to avoid the fiscal cliff. but right now they're miles apart and digging in their heels. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate...
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to reach a deal avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began speci
to reach a deal avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government,...
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Nov 30, 2012
11/12
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KGO
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so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion in cuts to the pentagon and domestic programs and tax increases automatically go into effect. after the meeting, the finger-pointing came quickly. republicans say democrats aren't bringing to the table a plan that include significant cuts to medicare and entitlement programs. >> revenue was only on the table. if they were serious. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> pre
so much for that brief burst of optimism in washington over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said...
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. >>> a fierce battle to avoid the fiscal cliff took a new turn today. treasury secretary tim geithner making a bold prediction that the republicans will go along with a tax hike for the healthy. but it certainly didn't sound that way on the other side. what is at stake for the average american family? with 30 days to go until the deadline? david kerley at the white house tonight. >> reporter: president obama and his white house team appear confident with the stronger hand in talks with house republicans, demanding and believing tax rates for the wealthy are going up. >> there is no responsible way we can govern the country with those low rates in place for future generations. those rates are going to have to go up. >> i was flabbergasted. i look at him and i said, you can't be serious. >> reporter: the two sides are seriously far apart. the president wants $1.6 billion in new tax revenue over ten years. the speaker wants half that. the president wants spending cuts, $600 billion. to medicare and other programs. not enough, says the speaker. >> if we gav
. >>> a fierce battle to avoid the fiscal cliff took a new turn today. treasury secretary tim geithner making a bold prediction that the republicans will go along with a tax hike for the healthy. but it certainly didn't sound that way on the other side. what is at stake for the average american family? with 30 days to go until the deadline? david kerley at the white house tonight. >> reporter: president obama and his white house team appear confident with the stronger hand in...
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Nov 29, 2012
11/12
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KGO
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failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house hasn't come to the table with concession autos we have not seen any good faith efforts on the part of this administration to talk about the real problem. we're trying to fix. tomorrow, round two. abc news, washington. >> president ob dwraum -- obama will meet for a private lunch with mitt romney. the president promised to meet with his rival and that he would consider romney's ideas. romney commented he believed the president won because of so called gifts he gave to hispanics, blacks and young voters. we'll see how the meeting go autos one thing you can do to give your cholesterol lowering drugs a boost. >> a woman finds success on the internet spoofing popular videos and how she's using the start up to give back. >> i'm michael finney. today 7 on your side q and a is just ahead. so you can contact me right
failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house hasn't come to the table with concession autos we have not seen any good faith efforts on the part of this administration to talk about the real problem. we're trying to fix. tomorrow,...
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Dec 3, 2012
12/12
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the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been arrogant since barack obama won in covering him and in covering in particular this fiscal cliff. tony, your thoughts. >> it could only be an msnbc anchor to take this long to figure out. there have been some media, the financial times which endorsed the president has called the president's bluff on this plan. they say this is the same proposal he put in front of congress that received zero votes a year ago, not even one democratic vote. but what the media has been doing is buying into this story line that president obama has some sort of mandate to do whatever he wants and that is truly false. obviously
the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been...
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Nov 30, 2012
11/12
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my view is there is no fiscal cliff or debt cliff. there is a political cliff and he wants to push the republicans off. the debate is how much do republicans will surrender and then get blamed by their party or how much they won't surrender and get blamed for a recession. i have to say for president obama as bad as it looks it may be a winning hand. >> he's certainly playing the hand of someone who as he said in his press conference won the election. there is no compromise here. i think there is a fiscal cliff and there is a political cliff. the president has the upper hand. taxes go up in the way his base want on wealthy people and what he wants to do is say if you don't go along with me you republicans are responsible for raising taxes on the middle class and will be responsible for the recession that's almost certain to come. >> there is no serious debating over avoiding the fiscal cliff. it's a political fight. this is a democratic party that hasn't passed a budget in years. the press corps is on the same page. everyone is asking
my view is there is no fiscal cliff or debt cliff. there is a political cliff and he wants to push the republicans off. the debate is how much do republicans will surrender and then get blamed by their party or how much they won't surrender and get blamed for a recession. i have to say for president obama as bad as it looks it may be a winning hand. >> he's certainly playing the hand of someone who as he said in his press conference won the election. there is no compromise here. i think...
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Dec 1, 2012
12/12
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>> gregg: as president obama and top republicans wrangle over the looming fiscal cliff with one month to go, senate minority leader mitch mcconnell is offering a new clarity on his party's position, calling for high be medicare premiums for the wealthy, increased medicare eligibility age and a smaller cost of living adjustment in social security. in exchange, he says republicans could agree to more tax revenue, but not through higher tax rates. will both sides be able to work this thing out? let's bring in our panel, donna is an advisor to pennsylvania senator bob kerry and a former staffer for pennsylvania governor ed rendell. ron is a former communications director to the house speaker, dennis hastert. good to see you both. >> good to sigh. >> gregg: donna, let's start with what the president was offering a. even democrats are criticizing him for demanding 150 billion in more spending. not less, including a $50 billion stimulus this next year. at a time when the focus perhaps should be on spending cuts, are those democrats right? >> well, i'm hearing many more democrats resonating w
>> gregg: as president obama and top republicans wrangle over the looming fiscal cliff with one month to go, senate minority leader mitch mcconnell is offering a new clarity on his party's position, calling for high be medicare premiums for the wealthy, increased medicare eligibility age and a smaller cost of living adjustment in social security. in exchange, he says republicans could agree to more tax revenue, but not through higher tax rates. will both sides be able to work this thing...
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Dec 1, 2012
12/12
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to go over the fiscal cliff because then taxes go up across the board. and then it's got to be done retroactively. >> which is not what the president wants, but there's a big difference between this fiscal cliff and the full faith and credit of the united states. the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our debt. that's crazy. if they cannot be entrusted with the full faith and credit of the united states, they should not have that leverage. >> paul, where were the overtures though? where were the overtures with this deal that was presented? i mean, listen, you don't have to be mensa to know delivering a deal like that was going to make mitch mcconnell laugh. where were the overtures for the democrats? >> first of all, it is an overture, the deal itself. the proposal. it's not the deal, it's the proposal. the republicans have not come with a counterproposal. why? they seem t
to go over the fiscal cliff because then taxes go up across the board. and then it's got to be done retroactively. >> which is not what the president wants, but there's a big difference between this fiscal cliff and the full faith and credit of the united states. the american government has never defaulted on its debt. and now there are some, not the majority of republicans but some on the extreme of the republican party and they seem to be in control, who seem to want to default on our...
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Dec 1, 2012
12/12
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congress as the clock winds down we're in the fourth quarter as we approach the fiscal cliff. if we can deliver like rg3 delivers we'll be doing well. >> do you see him somebody as you a neither? >> absolutely. this guy sim oppressive. >> reporter: former republican vice presidential nominee paul ryan usually doesn't stop for hallway interviews but he made an exception to praise rg3 even though a congressman from wisconsin has to put the packers first. >> i like to think more that green bay is america's team. we can think the same way. look rg3 it's great to see a young guy come out and be successful. >> reporter: even the majority leader is inspired by rg3. >> he offers bipartisan hope. we hope the redskins have a successful season. >> it's probably like covering bruce springsteen. >> reporter: sports writer is writing a series on robert griffin iii for "the washington post." >> this town obama or rg3 who is the bigger figure in town? who owns this town? it's really one or the other. you flip a wine. >> great young man and a heck of a lot of fun to watch and i wish him all th
congress as the clock winds down we're in the fourth quarter as we approach the fiscal cliff. if we can deliver like rg3 delivers we'll be doing well. >> do you see him somebody as you a neither? >> absolutely. this guy sim oppressive. >> reporter: former republican vice presidential nominee paul ryan usually doesn't stop for hallway interviews but he made an exception to praise rg3 even though a congressman from wisconsin has to put the packers first. >> i like to think...
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Dec 3, 2012
12/12
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and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the fiscal cliff for a moment, let's look at today's money menu. check out auto sales up big in november. sales of gm cars were up 3.4%. ford saw a 6.5% jump in sales and chrysler shot up 14%. u.s. autos are on track to see their best sales month nationwide since february of 2008 as the big three continues to put the auto bailout in the rear view mirror. ford never took the bailout money from the government. what's sibehind the surge in au sales, no short cuts. the jobs outlook is lo
and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you...
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Dec 4, 2012
12/12
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as i told you yesterday, the republican counterproposal for heading off the fiscal cliff was a nonstarter. president obama made clear today that it will not be possible to get a deal to avert the fiscal cliff without raising taxes on the wealthy. the gop's plan did promise $2.2 trillion in deficit savings over the next decade. that's about half of what the president promises in his plan. but the gop plan does it without any tax hikes on the rich. and that is not going to fly with democrats. republicans for their part are unhappy that the president's proposal calls for $200 billion more in stimulus spending over the next year. here is how that breaks down. $95 billion to extend the payroll tax cut for one year, $30 billion to extend jobless benefit for one year, $50 billion to spend on roads and bridges and another $25 billion on short-term stuff like a temporary tax deduction for small businesses. the argument in favor of the president's plan is this could help people still hurting from years of economic trouble, but you know as well as i do, stimulus is almost as bad a word to republican
as i told you yesterday, the republican counterproposal for heading off the fiscal cliff was a nonstarter. president obama made clear today that it will not be possible to get a deal to avert the fiscal cliff without raising taxes on the wealthy. the gop's plan did promise $2.2 trillion in deficit savings over the next decade. that's about half of what the president promises in his plan. but the gop plan does it without any tax hikes on the rich. and that is not going to fly with democrats....
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Dec 4, 2012
12/12
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wants anyone to go off the fiscal cliff. and the reality is we have to look over the last two years. the republican party established themselves as the party that was willing to let americans entire credit rating go down the tubes in order to stop barack obama last year. it's very clear that most people are going to see them as being the party that's being more obstinate. the truth of the matter is they also because they lost so badly in the election, nobody wants to be seen playing footsie with barack obama under the table which is what they're going to have to do to get this deal done. the republican party is going tond up being blamed which is one of the reasons they will have to compromise more. it's the same thing the democrats did when bush won. you have to compromise with the party that just won. jason johnson, john brabender, thank you thank you both. >>> the new york film critics have made their choices for top films and many times they end up as oscar favorites. all the details next. all the details next. we are ga
wants anyone to go off the fiscal cliff. and the reality is we have to look over the last two years. the republican party established themselves as the party that was willing to let americans entire credit rating go down the tubes in order to stop barack obama last year. it's very clear that most people are going to see them as being the party that's being more obstinate. the truth of the matter is they also because they lost so badly in the election, nobody wants to be seen playing footsie...
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Dec 4, 2012
12/12
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if we go over the fiscal cliff, and this gives, frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> well, the former treasury secretary has one thing to say but many other voices are a virtual kcacophony where wolf blitzer has to sit every day. >> in the short term the president has more leverage right now because if they do nothing, let's say they avoid any legislation between now and the end of the year, starting january 1st we go over that so-called fiscal cliff, tax rates go up not just for the rich but for the middle class, for everyone, all those cuts in domestic spending and naths security spending, they go into effect. people aren't going to be happy about that, and the president will be able to say, look, i begged them, i repeatedly said 98% of the american public, they wouldn't get a tax increase if we just took them out of the equation, let's pass legislation extending the bush tax cuts for everyone earning under $250,000 a year. they didn't do it. so, you know, he'll have some leverage on that in terms of the politic
if we go over the fiscal cliff, and this gives, frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> well, the former treasury secretary has one thing to say but many other voices are a virtual kcacophony where wolf blitzer has to sit every day. >> in the short term the president has more leverage right now because if they do nothing, let's say they avoid any legislation between now and the end of the year, starting january...
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Dec 5, 2012
12/12
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the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress about exactly what happened in benghazi. every single members of the house of representatives, all 400 plus of them were invited. so elise, this is a multimedia presentation. so is it a power point on benghazi? >> reporter: well, carol, the members are just starting to arrive right now. they will be meeting in this room right here, this auditorium. minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific le
the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress...
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he is being called in as president obama's point man on the fiscal cliff negotiations. he'll meet with congressional leaders this afternoon. republican representative tom cole. >> we have lots of leverage in this negotiation. nobody wants the spending cuts, particularly democrats on the domestic side to go places. this doesn't deal with that. we still have plenty of leverage in the negotiation. i actually think the american people, number one, should never be used as leverage in a negotiation. >> yesterday, president obama met with corporate ceos who said that a compromise is essential to avoiding the so-called fiscal cliff. here is ceo lloyd blankfein. >> reporter: if this were easy, we wouldn't be standing here having come fabs at the white house how to achieve it. it's going to be difficult. i think what we try to do is we try to get in as good a place as we possibly can. i would rather have more of the -- more of the taxes deferred to beyond the period where the economy is weak. >> well, maybe all of this is working. markets around the world are up today, a sign of
he is being called in as president obama's point man on the fiscal cliff negotiations. he'll meet with congressional leaders this afternoon. republican representative tom cole. >> we have lots of leverage in this negotiation. nobody wants the spending cuts, particularly democrats on the domestic side to go places. this doesn't deal with that. we still have plenty of leverage in the negotiation. i actually think the american people, number one, should never be used as leverage in a...
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republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked to the president about many of them. you can can look at our budget. where we outline very specific propos
republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again...
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, on avoiding going over the fiscal cliff. jess, what have you learned? >> reporter: well, you know, the news here today is that in a phone call yesterday between the president and speaker boehner, i'm told by ae person familiar with the call, that the president made clear to the speaker that for him there will be no deal on the fiscal cliff unless both sides agree to raise rates on the wealthiest. that means raise tax rates for top earners. the reason that this is news is because there's been discussion publicly that perhaps they could find a rev new agreement where it would just involve capping deductions or maybe they could get to revenue just through tax reform, and with this piece of detail from that phone call yesterday, it would seem that the democrats, the president personally, is drawing a line saying those other ways are not enough. his campaign message that the top earners have to pay more, he is sticking to that line many these negotiations. >> jess, do we know how the republicans responded to this red line? >> wel
, on avoiding going over the fiscal cliff. jess, what have you learned? >> reporter: well, you know, the news here today is that in a phone call yesterday between the president and speaker boehner, i'm told by ae person familiar with the call, that the president made clear to the speaker that for him there will be no deal on the fiscal cliff unless both sides agree to raise rates on the wealthiest. that means raise tax rates for top earners. the reason that this is news is because there's...
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dig in and ramp up the rhetoric on the fiscal cliff. house speaker john boehner and senate majority leader harry reid trading jabs before the cameras on capitol hill. >> going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan lothian. dan, we're learning more about the white house plan to deal with the fiscal cliff. break it down for us. >> reporter: right. this is the plan that secretary -- treasury secretary timothy geithner took up to capitol hill yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion
dig in and ramp up the rhetoric on the fiscal cliff. house speaker john boehner and senate majority leader harry reid trading jabs before the cameras on capitol hill. >> going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get...
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in a little less than an hour, more about the fiscal cliff with republican representative tom cole from oklahoma. then the head of fema testified on capitol hill about the government's response hurricane sandy. later, we will re-air the senate debate on the u.n. treaty for the disabled. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, mike mike mullen, was joined at how services committee. this is a less than an hour. >> good afternoon. thank you for coming. my name is peter peterson. i would like to give you a review of why we are supporting this project today. starting about 30 years ago, after studying the profound
in a little less than an hour, more about the fiscal cliff with republican representative tom cole from oklahoma. then the head of fema testified on capitol hill about the government's response hurricane sandy. later, we will re-air the senate debate on the u.n. treaty for the disabled. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end...
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fiscal cliff, it was widely assumed by republicans that obama and democrats badly wanted to avoid it. that was the premise that any possible agreement hedged on. that was the common goal, or so we thought. of the past couple of weeks, it has become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats including the president seemed part perfectly happy to go off the cliff. that is why the president has been more interested in campaign rallies and actually negotiating a deal. it explains why the president is now stubbornly insisting on raising tax rates when he himself said just last year that you could raise more revenue from capping deductions and closing loopholes. them or balance. it's about an ideological campaign that most americans thought would have ended on november 6, and that's also why the president sent secretary geithner up here last week with a proposal so completely ridiculous it wouldn't have passed the house, as i indicated earlier, if nancy pelosi were still speaker. it was more of a provocation than a proposal, to be
fiscal cliff, it was widely assumed by republicans that obama and democrats badly wanted to avoid it. that was the premise that any possible agreement hedged on. that was the common goal, or so we thought. of the past couple of weeks, it has become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats including the president seemed part perfectly happy to go off the cliff. that is why the president has been more interested in campaign rallies and...
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republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester, and pave the way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our country's debt crisis and get our economy going again and to create jobs. right now all eyes are on the white house. the country does not need a victory lap. it needs leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they're willing to make. with that, i will take a few questions. [indiscernible] >> it has been very clear over the last year and a half. i have talked to the president about many of them. you can look at our budgets where we outlined specific proposals that we passed last year and the year before. we know what the menu is. we do not know what the white house is willing to do to get serious about solving o
republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester, and pave the way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our country's debt crisis and get our economy going again and to create jobs. right now all...
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so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare, medicaid and social security from imminent bankruptcy. the president's plan when it comes to entitlement form is quite frankly a joke. >> so over the weekend the sunday shows, you sa
so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator...
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also, republicans are now out with a counteroffer on the fiscal cliff. congressman becerra is going to join us. republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and breaks it down. >> it's so funny. >> yes, yes. it's ahead this morning at the top of the hour on "starting point." >> oh, wow. thanks soledad. >> coming up, about catherine duchess of cambridge, right? and her royal bun in the oven and how we now have eight more months of speculation whether it's a boy or a girl, what they're going to make it. we're going to talk to elizabeth cohen when morning sickness is so terrible you go to the hospital. >> and i'm also curious about extreme morning sickness means it could be twins? elizabeth cohen is going to have all the infor
also, republicans are now out with a counteroffer on the fiscal cliff. congressman becerra is going to join us. republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and...
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with republicans and democrats now battling each other over the fiscal cliff, there may be one person who can unify washington. it's a shame he doesn't work on capitol hill, at least not yet. >>> earth as we've never seen it before. fascinating images from outer space, all in the same place. we'll have the photos for you in about ten minutes. pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you
with republicans and democrats now battling each other over the fiscal cliff, there may be one person who can unify washington. it's a shame he doesn't work on capitol hill, at least not yet. >>> earth as we've never seen it before. fascinating images from outer space, all in the same place. we'll have the photos for you in about ten minutes. pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [...
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on the fiscal cliff. >> dan lothian, thank you. >>> two lucky ticket holders beat the odds and they will split the record $588 million powerball jackpot. one ticket was sold in arizona. the other many missouri. the winning numbers are 5, 16, 22, 23, 29, and the powerball is 6. victor blackwell is in atlanta. one person on facebook yesterday said to me it's better to burn the ticket, at least you get heat from it. for two people at least it's good they didn't burn it. >> it's 29 degrees out here, i wish i had the ticket i bought so i could get some heat. this morning i rolled over to determine if i was in the city where at least the winning ticket was sold. i found out i wasn't. million also have that moment this morning. so many people put their $2 down on the counter to win the largest powerball jackpot ever at $588 million. the second largest lottery jackpot, that was 656 million last march. this is happening because powerball made a move at the beginning of this year, increasing the ticket price from $
on the fiscal cliff. >> dan lothian, thank you. >>> two lucky ticket holders beat the odds and they will split the record $588 million powerball jackpot. one ticket was sold in arizona. the other many missouri. the winning numbers are 5, 16, 22, 23, 29, and the powerball is 6. victor blackwell is in atlanta. one person on facebook yesterday said to me it's better to burn the ticket, at least you get heat from it. for two people at least it's good they didn't burn it. >>...
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any kind of resolution on the fiscal cliff but for whatever reason little more volatility in the market today. liz: he has been named one of the most influential people of the entire 20th century and going over the fiscal cliff will derail the biggest economic driver in the u.s. and that is biotech. mike milken talking about life-saving drugs, jobs that come with them and our status as the leader of the industry, all at stake if we go over the fiscal cliff. and dr. francis collins with the national institutes of health. fiscal cliff. folks including today to liz hy malcolmed the month of november and the red and nasdaq and s&p close slightly higher, consumer discretionary and industrials were this month's top performing sectors, utilities and energy lagged behind. oil posting its second straight day of gains closing the trading day up 1%, $80.91 for a barrel of oil and today's gains in crude up 3% for the month of november as concern over threats to supply due to mideast violence offset ongoing demand worries and personal spending, are you part of this, it sold for the first time in fiv
any kind of resolution on the fiscal cliff but for whatever reason little more volatility in the market today. liz: he has been named one of the most influential people of the entire 20th century and going over the fiscal cliff will derail the biggest economic driver in the u.s. and that is biotech. mike milken talking about life-saving drugs, jobs that come with them and our status as the leader of the industry, all at stake if we go over the fiscal cliff. and dr. francis collins with the...
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the president shoots down the republican's plan to avoid the fiscal cliff almost asap. was it because it was a bad deal but his favorite deal could be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls
the president shoots down the republican's plan to avoid the fiscal cliff almost asap. was it because it was a bad deal but his favorite deal could be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a...
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cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a violent gunman who tried to rob the store. they didn't just say thank you. they said, i have a better idea. you're fired. >> steve: you're out of the zone [ female announcer ] you spend weeks planning it. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal folks spend all year waiting for. in stuffing and more, the secret is swanson. @ meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >> steve: we're l
cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a violent gunman who tried to rob the store. they didn't just say thank you. they said, i have a better idea. you're fired. >> steve: you're out of the zone [ female announcer ] you...
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but going over the fiscal cliff is , i am trying to resolve it. >> democrats want republicans to slow down and realize what they are offering is not new. it's the sail debt pl-- same de plan president obama had in the american jobs act. it's not a new stimulus it is something that has been on the table for over a year. >> something should a political price be paid in order for congress to do its job to make sure the united states of america pays its bills and does not default for the first time in history is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and would be deeply irresponsible if we were to see that kind of approach taken again. >> oo there were whispers there was a deal coming together. the white house says they are ready to compromise but republicans need to ask the wealthiest americans to pay higher tax rates. >> the fiscal cliff deal, charles krauthammer is talking about it. he calls it quote insulting. >> it's not just a bad deal. what geithner offers on the street robert e. lee was offered easier terms and he lost the civil war. democrats won
but going over the fiscal cliff is , i am trying to resolve it. >> democrats want republicans to slow down and realize what they are offering is not new. it's the sail debt pl-- same de plan president obama had in the american jobs act. it's not a new stimulus it is something that has been on the table for over a year. >> something should a political price be paid in order for congress to do its job to make sure the united states of america pays its bills and does not default for...
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and, remember, the fiscal cliff is not really a cliff. even if we come to january 1st, it's more of a hill and they actually have a little bit more time than people are giving them credit for. and that's why i think the markets are not overreacting right now. >> there's this notion that you can go over the cliff and sort of go back, grandfather it in. but at the same time, for a company like general dynamics, at what point do you start getting concerned it will, in fact, at least impact that quarter? >> well, that's a good point. it certainly could impact the quarter if it goes for weeks or months, absolutely. and i think maybe even the bigger factor is i think you talked about it which is there will be volatility as we approach the cliff and go over the cliff. even if it's a few days or few weeks. there will be a lot of volatility in the markets. that could be buying opportunities for all of us that have some dry powder for which to deploy. we tend to be more long-term holders. we tend to buy stocks and hold them for years rather than we
and, remember, the fiscal cliff is not really a cliff. even if we come to january 1st, it's more of a hill and they actually have a little bit more time than people are giving them credit for. and that's why i think the markets are not overreacting right now. >> there's this notion that you can go over the cliff and sort of go back, grandfather it in. but at the same time, for a company like general dynamics, at what point do you start getting concerned it will, in fact, at least impact...
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back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and now for a look at your national weather, let's turn to bill karins. he has your weather channel forecast. >> the best part is the underwater robot for a place that doesn't have water. >> maybe it's a pool. >> yes. >> and they need to inspect it. >> counter-terrorism measures in the backyard. you never know. good morning, everyone. getting out the door this morning, it's very cold up in new england. tell you what, the lack of snow is really becoming a slightly alarming especially if you have any interest in snowy weather recreation or skiing or ice skating or maybe you like to go snowmobiling. the northern half of the country is sparse. 7% of the country has snow cover. most of that is the high elevations in the rockies and northern rockies. it's about as low as it gets. last yea
back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and now for a look at your national weather, let's turn to bill karins. he has your weather channel forecast. >> the best part is the underwater robot for a place that doesn't have water....
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it is important to avoid the fiscal cliff and to do it the right way. >> reporter: doing it the right with a depends on who you are speaking to. i asked chris van hollen what happens if the white house and republicans in congress cannot reach a deal by january 1st. >> it doesn't necessarily mean january 2nd the world falls apart. but what it does mean is, if you go into january, deeply into january without having resolved these issues, taxes will go up across the board on everybody. that is a big tax increase. >> reporter: and deep across the board spending cuts in defense and other areas of the federal government. >> the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more th
it is important to avoid the fiscal cliff and to do it the right way. >> reporter: doing it the right with a depends on who you are speaking to. i asked chris van hollen what happens if the white house and republicans in congress cannot reach a deal by january 1st. >> it doesn't necessarily mean january 2nd the world falls apart. but what it does mean is, if you go into january, deeply into january without having resolved these issues, taxes will go up across the board on everybody....
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in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross will not be released without conditions and the government is willing to discuss a trade. gross in exchange for five cuban intelligence agents in a florida prison. >>> as the 5 continues, a breast cancer breakthrough. why a popular drug could change the way some patients are treated. >> it's not always easy to get motivated to exercise. stick around, an inspirational man who lost 310 pounds coming up. >> and prank callers managed to dune a worker -- dupe a worker at kate middleton hospital. >> and get ready for a cold overnight. as it looks like suburbs will be headed down into the 20s. first look at the forecast
in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross...
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cliff. for the first time in days, president obama and house speaker john balkaner spoke by phone about the looming deadline. there reportedly was no major progress but leaders say it was a start. the two sides have agreed to tax reforms and spending cuts but are still at a stalemate on raising attacks on incomes over $250,000. >> the hold-up right now is that speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but we're not willing to increase rates. >> i'm be here an i'll be available at any moment to sit down with the president to get serious about solving this problem. >> speaker boehner says the president has not responded to the republicans' latest proposal that does not include a tax increase on wealthy americans. >>> new this thursday morning, former delegate tiffany alston is officially out of office. yesterday, a prince george's county judge ruled that she was out of office following her october plea deal relating to office
cliff. for the first time in days, president obama and house speaker john balkaner spoke by phone about the looming deadline. there reportedly was no major progress but leaders say it was a start. the two sides have agreed to tax reforms and spending cuts but are still at a stalemate on raising attacks on incomes over $250,000. >> the hold-up right now is that speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but we're not...
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Dec 6, 2012
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cliff. but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has announced its support for the measure. it is not expected to be taken up until early next year. ext y >>> time now not morning line and everybody is talking about sunday's redskins-ravens game. redskins have lost the last two against baltimore. now, as far as the redskins injuries are concerned, london fletcher sat out of practice yesterday with an ankle injury and left tackle trent williams continues to nurse a deep thigh bruise. deangelo hall is in a boot but it is like lie all of them way play this weekend.
cliff. but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has...
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Dec 3, 2012
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i mean the fiscal cliff is not so rocket sciences. we've got one bill. you can make it more complicated, but certainly, one way to look at it is let's take this one bill that the president talks about. it's passed the senate bi-partisan support. the president says he will sign it. it will give every myrna tax cut on the first $250,000 worth of income. this is a no-brainer. isn't it? >> william -- >> shouldn't it be a no-brainer? >> it puts republicans in a corner who wants to vote against a bill that extends a middle class tax cut? nobody but of course republicans make the argument, well we can't just extend it. we have to extend all of them. with the economy, it isn't fair blah, blah, blah. we have heard this for months. longs longer than months. now that obama won, he has this new leverage. he's got a lot going for him finally, and he has the cojones to put a deal on the table as a starting bid in the negotiations that isn't already caving. this is the first. republicans are acting like we were saying during break that john boehner was flabbergasted by
i mean the fiscal cliff is not so rocket sciences. we've got one bill. you can make it more complicated, but certainly, one way to look at it is let's take this one bill that the president talks about. it's passed the senate bi-partisan support. the president says he will sign it. it will give every myrna tax cut on the first $250,000 worth of income. this is a no-brainer. isn't it? >> william -- >> shouldn't it be a no-brainer? >> it puts republicans in a corner who wants to...